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Contractual Commitments, Bargaining Power, and Governance Inseparability: Incorporating History into Transaction Cost Th

The authors argue that the following conditionsmade by a firm can limit its ability to differentiate or change its governance arrangement in the future--- a condition they term governance inseparability. prior contractual commitments2. changes in bargaining power between a firm and its exchange

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Contractual Commitments, Bargaining Power, and Governance Inseparability: Incorporating History into Transaction Cost Th

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